volvo

Volvo is counting on its first model in the fast-growing premium compact SUV segment to break a lot of new ground for the automaker while it simultaneously wins customers from rivals such as the BMW X1 and Audi Q3.

Polestar, Volvo's stand-alone brand for high-performance electrified models, is mulling whether to increase production for its debut model, the 600-hp Polestar 1. Since last October, more than 5,000 people have said they're interested in the chance to buy the hybrid coupe.

Volvo's Drive Me autonomous driving project is taking some detours compared with promises the automaker made when it announced the program four years ago, but Volvo says the changes will make its first Level 4 vehicle even better when it arrives in 2021.